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Tax
Starmer defends his Chancellor and the Budget. But business owners say the country has been…
Despite Chancellor Reeves facing calls for her resignation, Prime Minister Starmer stands by her, the Budget and fiscal gap claims
Budget background and backlash
Business owners and MPs, such as Shadow chancellor of the Duchy of…
Reeves’ Budget raids savings, family legacies, pensions and self-employed “wealth”. But on the…
“Rachel Reeves says the government wants to make the best place in the world for businesses, but has landed a handful of blows to business owners today,” Matthew Knight, Chief Freelance Officer at The Independency Co., tells The Freelance…
Accountant explains why it’s not as scary as you may think to take on a part-time PAYE job as…
THE ORIGINAL ARTICLE HAS BEEN UPDATED WITH MORE TIPS
If you have ever disregarded what looks like a part-time dream job solely on the basis that it is PAYE, you might want to reconsider, especially if freelance jobs in your area of…
UK’s self-employed brace for Budget blitz: Dividend crackdown and exit tax hikes confirmed
UK self-employed workers, from limited company contractors to sole traders, are facing a relentless squeeze on their take-home pay and retirement plans, driven by impending tax hikes and new mandatory compliance rules for the 2025/2026 tax…
STOP: Are You Losing Child Benefit to the High-Income Charge?
The £60k–£80k Band Explained & Why Freelancers Must Claim Differently to PAYE workers. Plus, why, despite the charge, it could still be advantageous to claim Child Benefit
What you need to know now
If you are a self-employed…
New Tax Filing Exemption: Are You ‘Digitally Excluded’?
HMRC has confirmed that individuals who cannot reasonably use digital tools to manage their tax affairs can now apply for an exemption from the Making Tax Digital (MTD) rules
Taxpayers who are required to comply with MTD income tax…
The Autumn budget could cost you a fortune in new taxes: here’s how to prepare no matter what…
With the Autumn Budget looming, speculation about potential tax changes is rife. Sarah Coles, head of personal finance at Hargreaves Lansdown, says while it's easy to dismiss these rumours as just "hot air," some of the proposed changes…
Taxpayers to be charged less for late tax payments
HMRC reduces interest after Bank of England cut, but taxpayers still hit by 8% rate
The interest charged by HMRC on late tax payments has dropped by 0.25% in line with changes to the Bank of England (BOE) base rate, HMRC…
HMRC using AI to monitor taxpayer social media accounts to combat suspected fraud
HM Revenue & Customs (HMRC) has confirmed it is using artificial intelligence (AI) to monitor taxpayers' social media accounts as part of criminal investigations into suspected tax fraud. The disclosure has sparked a heated debate on…
HMRC tightens up on self-employed expense claims. Here’s a simple guide on what you can and…
Knowing which expenses can be claimed as a business expense can be tricky, so we have offered a simple guide to help, especially now that HMRC is clamping down on self-employed expense claims
The tax office is launching a new campaign…